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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Sales $ 36,445 $ 32,134
Costs and expenses    
Cost of goods sold 31,123 27,559
Depreciation and amortization 1,056 802
Selling, general and administrative 1,601 1,448
Interest expense, net 88 44
Equity income (233) (204)
Other expense (income), net 30 (166)
Income from continuing operations before income taxes 2,780 2,651
Income taxes 706 711
Net income from continuing operations 2,074 1,940
Income from discontinued operations, net of tax   67
Net income 2,074 2,007
(Income) loss from continuing operations attributable to non-controlling interests (43) 6
Net income attributable to Magna International Inc. $ 2,031 $ 2,013
Basic Earnings per Common Share:    
Continuing operations $ 5.19 $ 4.78
Discontinued operations   0.16
Attributable to Magna International Inc. 5.19 4.94
Diluted Earnings per Common Share:    
Continuing operations 5.16 4.72
Discontinued operations   0.16
Attributable to Magna International Inc. $ 5.16 $ 4.88
Weighted average number of Common Shares outstanding during the year [in millions]:    
Basic 391.0 407.5
Diluted 393.2 412.7